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S. Korea Increases Ukraine Aid to $394 Mln for 2024


Tue 29 Aug 2023 | 02:11 PM
Yoon Suk Yeol
Yoon Suk Yeol
Nada Mustafa

South Korea announced Tuesday that it will provide 520 billion won ($394 million) in financial aid to Ukraine next year, an eight-fold increase from this year.

The aid package includes 130 billion won for reconstruction, 260 billion won in humanitarian aid, and another 130 billion won through international organizations, according to South Korea's 2024 budget.

In July, President Yoon Suk Yeol announced his country would provide a "large scale of military supplies" this year without giving more details.